We are now the largest office investor in Poland
With the acquisition of Quattro Business Park complex in Kraków for 139 million EUR, the biggest so far in our history, we have become the largest institutional office investor and landlord in Poland owning over 290,000 sqm of office space on the local market, with a value of 900 million EUR. We will continue to expand our portfolio and plan subsequent transactions in coming months.
This is the sixth transaction, and the largest individual real estate purchase transaction, concluded since the end of last year. At the moment, our Polish portfolio exceeds 345,000 sqm and, besides typical office space, also includes mixed-use properties such as the legendary Warsaw-based Hala Koszyki and Renoma in Wrocław, amongst others.
"In a little over half a year we have become the leader in the most liquid and largest office market in the region, characterised by the high amount of trust we generate with international investors. The transactions closed over the past six months have more than doubled the size of Globalworth Poland’s portfolio, achieving immediate benefits of scale. We continue to see exciting opportunities in Poland, which is a focal area of our growth strategy", said Dimitris Raptis, Deputy Chief Executive Officer and Chief Investment Officer.
Quattro Business Park, located in the Prądnik Czerwony district of Kraków, offers approximately 60,000 sqm of space for lease and over 1,300 parking places. The complex consists of five buildings and has been awarded BREEAM certification. Among the tenants of Quattro are companies such as: Capgemini, Google, Luxoft, Epam, PerkinElmer, Lundbeck and Medicover.